Bombardier is denying a Wall Street Journal report that the company is talking to the German engineering Siemens A-G about a partial merger. When asked by BNN, a Bombardier spokesperson said: "There are no discussions with Siemens about a possible merger of the rail units".

Unaware that the term “hipster” had resurfaced in my life, until a currently-popular performer mocked them in one of her songs, one of my colleagues brought me up to date. Among the interesting marketing angles, my friend - a self-described hipster - told me that Pabst Blue Ribbon is a beer of choice for this consumer niche.

Today, BNN is all about what’s next for Bombardier. We are having a full day dedicated to analyzing the current status of the company and how it moves forward. The stock is trading at the lowest level since the third quarter of 1993.

Despite all the talk of a rate hike as almost inevitable by the Fed in September, the futures markets and economists are right on the fence at 50:50 (similar to the on-the-fence view of the Street going into the Bank of Canada’s rate cut last week). Next week’s FOMC meeting will provide important tells.